February
SPECIAL FOCUS: 2026 FORECAST & REVIEW

International E&P shows the way forward

While the U.S. market remains flat, international E&P remains a source of optimism, with a number of large-scale and long-term projects under way in some places. Out of eight regions, seven will have increased drilling during 2026. Offshore activity will again fare better than onshore work, particularly in deepwater plays.  

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